{"id":16600,"date":"2019-05-13T19:30:48","date_gmt":"2019-05-13T14:00:48","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=16600"},"modified":"2022-09-06T13:58:42","modified_gmt":"2022-09-06T08:28:42","slug":"mca-introduces-companies-incorporation-fifth-amendment-rules-2019","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/mca-introduces-companies-incorporation-fifth-amendment-rules-2019\/","title":{"rendered":"MCA introduces Companies (Incorporation) Fifth Amendment Rules 2019 on May 10"},"content":{"rendered":"<p class=\"has-drop-cap\">Recently, MCA (Ministry of Corporate Affairs) released a notification stating various rules and amending Companies (Incorporation) Rules, 2014. The rules will be called Companies (Incorporation) Fifth <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Amendment&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;An &amp;quot;amendment&amp;quot; refers to the formal change or correction of a legal document, often involving additions, variations, or deletions to address irregularities or clarify points in an agreement.(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/amendment\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>Amendment<\/a> Rules 2019 which came into effect from the date of the publication of these rules, i.e. 10<sup>th<\/sup> May, 2019. <\/p>\n\n\n\n<p>The Companies Act, 2013&nbsp;defines the\nnaming guidelines for the following companies: <\/p>\n\n\n\n<ul><li><a href=\"https:\/\/enterslice.com\/company-registration\">Private Limited Company <\/a><\/li><li>One Person Company and <\/li><li>Limited Company <\/li><\/ul>\n\n\n\n<p>In\nthe process of Incorporation of a new company, a unique name of the company\nmust be reserved with the Ministry of Corporate Affairs (MCA). Rule 8 of\nCompanies Incorporation Rules 2014 provides name approval\/availability guidelines\nas per Companies Act 2013 while selecting the names for a company<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Summary of <\/strong>Companies (Incorporation) Fifth Amendment Rules 2019<\/h2>\n\n\n\n<p>The Ministry has elaborated a variety of illustrations under this rule while determining the name of the company and Companies (Incorporation) Fifth Amendment Rules 2019 has divided the rule into two parts<\/p>\n\n\n\n<ul><li>Rule 8A <\/li><li>Rule 8B.<\/li><\/ul>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" loading=\"lazy\" width=\"618\" height=\"399\" src=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/05\/image-16.png\" alt=\"Companies (Incorporation) Fifth Amendment Rules 2019 \" class=\"wp-image-16629\" srcset=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/05\/image-16.png 618w, https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/05\/image-16-300x194.png 300w\" sizes=\"(max-width: 618px) 100vw, 618px\"\/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What is Rule 8A?<\/strong><\/h2>\n\n\n\n<p>These rules specify the list of undesirable names, and<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What is Rule 8B?<\/strong><\/h2>\n\n\n\n<p>These rules are for the word or expression which can be used only after obtaining a previous approval of Central Government.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Purpose of introducing Companies Incorporation Fifth Amendment Rules 2019<\/strong><\/h2>\n\n\n\n<p>The Companies (Incorporation) Fifth Amendment Rules 2019 aims at better transparency while determining the name of the company under the <a href=\"https:\/\/www.mca.gov.in\/Ministry\/pdf\/CompaniesAct2013.pdf\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Companies Act, 2013 (opens in a new tab)\">Companies Act, 2013<\/a>. Under the illustrations, stress has also been given on the plural or singular form of words in one or both names or type and case of letters, the spacing between letters, punctuation marks and special characters used in one or both names etc.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Highlights of <\/strong>Companies Incorporation Fifth Amendment Rules 2019<\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/05\/image-15.png\" alt=\"\" class=\"wp-image-16620\" width=\"426\" height=\"424\" srcset=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/05\/image-15.png 525w, https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/05\/image-15-150x150.png 150w, https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/05\/image-15-300x298.png 300w\" sizes=\"(max-width: 426px) 100vw, 426px\"\/><\/figure><\/div>\n\n\n\n<p><strong>Sub-rule 1:<\/strong> A name applied for shall be deemed to resemble too nearly with the name of an existing company, if, and only if, after comparing the name applied for with the name of a current company by disregarding the matters set out in sub-rule (2), the names are same.<\/p>\n\n\n\n<p><strong>Sub-rule 2:<\/strong> The following matters are to be disregarded while comparing the names under sub-rule (1):<\/p>\n\n\n\n<ul><li>The words like Private, Pvt, Pvt., (P), OPC Pvt. Ltd. IFSC Limited, IFSC Pvt. Limited, Producer Limited, Unlimited, Ltd, Ltd., LLP, Limited Liability Partnership, company, and company, &amp; co, &amp; co., co., co, corporation, corp, corpn, corp or group;<\/li><li>the plural or singular form of words in one or both names;<\/li><li>type and case of letters, the spacing between letters, punctuation marks and special characters used in one or both names;<\/li><li>use of different tenses in one or both names ;<\/li><li>use of different phonetic spellings including use of misspelt words of an expression;<\/li><li>the use of host name such as `www&rsquo; or a domain extension such as &lsquo;net&rsquo;, &lsquo;org&rsquo; &lsquo;dot&rsquo; or &lsquo;com&rsquo; in one or both names;<\/li><li>the order of words in the names;<\/li><li>use of the definite or indefinite article in one or both names;<\/li><li>a slight variation in the spelling of the two names including a grammatical variety thereof;<\/li><li>complete translation or transliteration, and not part thereof, of an existing name, in Hindi or in English;<\/li><li>addition of the name of a place to a current name, which does not contain the name of any place;<\/li><li>addition, deletion, or modification of numerals or expressions denoting numerals in an existing name, unless the numeral represents any brand;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Proviso<\/h2>\n\n\n\n<p>Provided\nthat clauses (f) to (h) and clauses (k) and (l) shall not be disregarded while\ncomparing the names if an existing company has provided a no objection by way\nof a Board resolution. <\/p>\n\n\n\n<p>Further, you can read full notification related to Companies (Incorporation) Fifth Amendment Rules 2019 <a rel=\"noreferrer noopener\" aria-label=\"here (opens in a new tab)\" href=\"http:\/\/www.mca.gov.in\/Ministry\/pdf\/CompaniesIncorporationFifthAmendmentRules_12052019.pdf\" target=\"_blank\">here<\/a>.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, MCA (Ministry of Corporate Affairs) released a notification stating various rules and amending Companies (Incorporation) Rules, 2014. The rules will be called Companies (Incorporation) Fifth Amendment Rules 2019 which came into effect from the date of the publication of these rules, i.e. 10th May, 2019. The Companies Act, 2013&nbsp;defines the naming guidelines for the [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":16605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[1872,1096],"acf":{"service_id":"83"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MCA introduces Companies (Incorporation) Fifth Amendment Rules 2019<\/title>\n<meta name=\"description\" content=\"Ministry of Corporate Affairs released a notification stating various rules and notified Companies (Incorporation) Fifth Amendment Rules 2019\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/mca-introduces-companies-incorporation-fifth-amendment-rules-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MCA introduces Companies (Incorporation) Fifth Amendment Rules 2019\" \/>\n<meta property=\"og:description\" content=\"Ministry of Corporate Affairs released a notification stating various rules and notified Companies (Incorporation) Fifth Amendment Rules 2019\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/mca-introduces-companies-incorporation-fifth-amendment-rules-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-13T14:00:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-06T08:28:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/05\/Companies-Incorporation-Fifth-Amendment-Rules-2019.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Neelansh Gupta","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/04\/IMG_20190305_185223.jpg","authorDescription":"Mr. Neelansh Gupta is a Legal Counsel having extensive in-depth knowledge of various laws.  He has completed his graduation in law and has experience in IPR, Taxation and Corporate laws.","postViews":520,"readingTime":2,"nextPost":{"id":16637,"slug":"rbi-releases-draft-framework-for-regulatory-sandbox"},"prevPost":{"id":16619,"slug":"gst-deadline-extends-for-realty-firms-to-opt-for-old-gst-rate-till-may-20"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/05\/Companies-Incorporation-Fifth-Amendment-Rules-2019.jpg","postTerms":"Latest News","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/16600"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=16600"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/16600\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/16605"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=16600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=16600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=16600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}